Queensland Consolidated Acts

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BUILDING UNITS AND GROUP TITLES ACT 1980 - SECT 49D

Payment of particular amounts

49D Payment of particular amounts

This subdivision applies to the following amounts—

(a) an amount paid towards the purchase of a proposed lot under a contract for the sale of the lot (other than an amount paid at settlement);
(b) an amount paid under another instrument (whether legally binding or not) relating to the sale of a proposed lot.
Examples of instruments for paragraph (b)—
• an option to purchase
• an instrument providing for an expression of interest



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